California Public Employees Retirement System Portfolio holdings
The California Public Employees’ Retirement System (CalPERS), established in 1932 and headquartered in Sacramento, California, is the largest public pension fund in the U.S., managing over $510 billion in assets as of late 2024 to provide retirement and health benefits to more than 2 million state and local government employees, retirees, and their families. Operating as a defined benefit plan, CalPERS invests globally across equities, fixed income, real estate, private equity, and infrastructure, guided by a 13-member board and a commitment to sustainable investing and ESG (environmental, social, governance) principles under Chief Investment Officer Ben Meng since 2024. Known for its influential shareholder activism—pushing for corporate governance reforms—CalPERS serves over 3,000 employers, including state agencies and school districts, balancing long-term funding needs with a $100 billion unfunded liability challenge. As a cornerstone of California’s public sector, it blends financial stewardship with a mission to secure retiree livelihoods.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Comcast
CMCSA
|
+$70M |
| 2 |
Voya Financial
VOYA
|
+$37.6M |
| 3 |
TWTR
Twitter, Inc.
TWTR
|
+$35M |
| 4 |
American Airlines Group
AAL
|
+$34.7M |
| 5 |
Warner Bros
WBD
|
+$22.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EOG Resources
EOG
|
+$211M |
| 2 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
+$65.9M |
| 3 |
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$65M |
| 4 |
Apple
AAPL
|
+$61.5M |
| 5 |
ExxonMobil
XOM
|
+$36.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.84% |
| 2 | Technology | 13.76% |
| 3 | Healthcare | 12.46% |
| 4 | Industrials | 11.01% |
| 5 | Energy | 10.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1401
CubeSmart
CUBE
$9.23B
| $5.25M | 0.01% |
286,412
-31,500
| -10% | -$573K |
|
|
TOWR
1402
DELISTED
Tower International, Inc.
TOWR
| $5.22M | 0.01% |
141,600
-31,000
| -18% | -$936K |
|
1403
Iridium Communications
IRDM
$5.23B
| $5.21M | 0.01% |
616,416
-20,174
| -3% | -$152K |
|
1404
Oxford Industries
OXM
$556M
| $5.21M | 0.01% |
78,094
-1,200
| -2% | -$80.9K |
|
1405
Hope Bancorp
HOPE
$1.79B
| $5.2M | 0.01% |
325,792
+10,928
| +3% | +$173K |
|
|
MAGN
1406
Magnera Corp
MAGN
$466M
| $5.19M | 0.01% |
15,056
-485
| -3% | -$165K |
|
1407
Suburban Propane Partners
SPH
$1.17B
| $5.19M | 0.01% |
112,769
+100
| +0.1% | +$4.49K |
|
|
SN
1408
DELISTED
Sanchez Energy Corporation
SN
| $5.18M | 0.01% |
137,933
-3,560
| -3% | -$112K |
|
|
ANAT
1409
DELISTED
American National Group, Inc. Common Stock
ANAT
| $5.18M | 0.01% |
45,393
-1,100
| -2% | -$125K |
|
|
ANR
1410
DELISTED
Alpha Natural Resources Inc
ANR
| $5.16M | 0.01% |
1,391,265
+447,300
| +47% | +$1.8M |
|
|
YOKU
1411
DELISTED
YOUKU TUDOU INC.(CAYMAN ISLS)
YOKU
| $5.16M | 0.01% |
216,200
-4,000
| -2% | -$89.7K |
|
1412
Dorman Products
DORM
$3.95B
| $5.16M | 0.01% |
104,516
-1,000
| -0.9% | -$54.6K |
|
|
SWC
1413
DELISTED
Stillwater Mining Co
SWC
| $5.15M | 0.01% |
293,200
+56,500
| +24% | +$919K |
|
|
FNGN
1414
DELISTED
Financial Engines, Inc.
FNGN
| $5.12M | 0.01% |
113,094
-8,388
| -7% | -$375K |
|
1415
Radian Group
RDN
$4.87B
| $5.12M | 0.01% |
345,342
| – | – |
|
|
ICPT
1416
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $5.11M | 0.01% |
21,601
+1,101
| +5% | +$290K |
|
|
CBD
1417
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $5.11M | 0.01% |
110,300
-9,000
| -8% | -$422K |
|
1418
Lattice Semiconductor
LSCC
$18.2B
| $5.11M | 0.01% |
618,800
+254,305
| +70% | +$2.06M |
|
1419
Steven Madden
SHOO
$3.58B
| $5.1M | 0.01% |
223,040
+16,940
| +8% | +$380K |
|
|
MEAS
1420
DELISTED
MEASUREMENT SPECIALTIES INC
MEAS
| $5.1M | 0.01% |
59,250
-5,905
| -9% | -$408K |
|
|
SONC
1421
DELISTED
Sonic Corp
SONC
| $5.1M | 0.01% |
230,900
-9,200
| -4% | -$194K |
|
|
OUTR
1422
DELISTED
OUTERWALL INC
OUTR
| $5.08M | 0.01% |
85,647
-14,195
| -14% | -$959K |
|
1423
The Greenbrier Companies
GBX
$1.43B
| $5.08M | 0.01% |
88,125
+35,725
| +68% | +$1.86M |
|
1424
Caleres
CAL
$486M
| $5.07M | 0.01% |
177,261
+33,711
| +23% | +$882K |
|
|
BWP
1425
DELISTED
Boardwalk Pipeline Partners
BWP
| $5.07M | 0.01% |
274,100
+100
| +0% | +$1.63K |
|
Similar funds
California Public Employees Retirement System's Q2 2014 Portfolio in Review
As of Q2 2014, California Public Employees Retirement System held 3,876 positions worth $73.5B, up 5.1% from $70B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System's Q2 2014 filing shows 119 new, 1,121 increased, 1,295 reduced and 86 closed positions. Its largest new stake was Voya Financial: 1,053,140 shares worth $38.3M. The largest sale was EOG Resources, an estimated $211M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, down from 16% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q2 2014 buy was Voya Financial: 1,053,140 shares worth $38.3M.
- California Public Employees Retirement System added most to Comcast in Q2 2014, an estimated $70M increase.
- California Public Employees Retirement System's biggest Q2 2014 reduction was EOG Resources, cutting an estimated $211M.
- California Public Employees Retirement System fully exited Weatherford International plc in Q2 2014, selling an estimated $36.7M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $73.5B portfolio in Q2 2014.
- California Public Employees Retirement System opened 119 new positions and closed 86 in Q2 2014.
- California Public Employees Retirement System's portfolio value rose 5.1% quarter-over-quarter to $73.5B.
Based on California Public Employees Retirement System's 13F filing for Q2 2014, filed 14 Aug 2014.